Amendments to Contractor's License Law

Contractors must secure a valid license before submitting bids, undertaking construction, or supervising construction projects.
Penalties for unlicensed contracting include a fine between P100,000 to P500,000 plus 0.1% of project cost and a one-year prohibition from obtaining a license.
Joint ventures must secure an additional license; failure leads to fines, automatic revocation, and one-year prohibition.
Managing partners, officers, or employees of licensed entities must obtain individual licenses to engage directly in contracting.
Use of another’s license, falsification of documents, impersonation, or use of expired/revoked licenses is punishable by fines from P500,000 to P1,000,000 and imprisonment of 1 to 6 years.
These penalties are without prejudice to other applicable criminal liabilities under the Revised Penal Code or other laws.

Original license fee is set at P5,000.
Examination fee for applicants is P6,000.
Renewal fee of license is P5,000.
The Board has authority to collect and apply all fees and fines to its operations.
Fee adjustments are allowed once every three years, capped at a 15% increase.

License validity is one year from issuance.
Contractors operational for 25 years or more may renew every three years.
Those operational between 10 to less than 25 years may renew biennially.
Those with less than 10 years in operation must renew annually.
Renewal applications must be filed 30 to 90 days before license expiration and can be submitted in person or online.

Subsequent sections of the law are renumbered accordingly following deletions.
Separability clause provides that invalidity of any provision does not affect other valid provisions.
Repealing clause abrogates inconsistent laws and regulations.
The law takes effect 15 days after publication in official or widely circulated newspapers.